Black Arts Mke Inc

Analysis

Black Arts Mke Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Black Arts Mke Inc reported income of $842k and spending of $956k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $426k to $842k (+98%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Black Arts Mke Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Cape May Stage Inc ($842k), Friends of Yogi Inc ($842k) and Southern Colorado Theatre Company ($841k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $770k against liabilities of $98k, net assets of $672k. It reported 8 employees.